Abstract
The paper deals with the possibility of using value engineering in highway projects. The reasons for criticizing highway projects are usually three. Firstly, they do not achieve expected project goals, secondly, project delivery is not within a reasonable amount of time, and finally, costs are not in line with their budget limits. The author believes that value engineering methodology can help to find ways to improve solutions to these problems by balancing cost, schedule, and scope through the generation of innovative alternatives. It was found that a project can significantly save on costs and improve performance of project functioning by using the appropriate value engineering process at the right time. The paper summarizes the benefits and effectiveness of the value engineering methodology along with recommendations.
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.